Hong Kong’s HKT Financial Services, the Fintech Arm of HKT Group, Introduces Digital Financing Platform
Hong Kong-based HKT Financial Services, the Fintech division of the HKT Group, has launched another Fintech project, HKT Flexi, a digital or online financing platform that allows users to make payments via the HKT Flexi App.
China Takes Steps to Become First Cashless Society After COVID-19
As contactless payments become the norm amid the worldwide pandemic response, China rolled out its digital currency this month in four cities, setting it up to become the world’s first cashless society.
EFSE and Vitas Expand Access to Local Currency Financing for Romanian MSEs
Senior loan equivalent of EUR 2 million to be on-lent to underserved local entrepreneurs to sustain small business operations.
China Mobile Payment Gains Fueled by Pandemic
The annual survey on mobile payments showed 98 percent of respondents indicated mobile was their most commonly used payment method, up 5 percentage points from 2019.
IFC’s Investment to Boost Green Housing, Strengthen Capital Markets in Romania
This placement is the first-ever senior preferred bond issuance by Banca Comercială Romana S.A., Romania's second-largest bank.
Symbiotics Investments Launches Its First Green Bond in China With Zuoli
With the issuance of this Green Bond, Zuoli will finance, amongst others, green buildings and energy efficiency projects in the Zhejiang province.
IFC’s Investment in Romania’s First Sustainability Bond to Catalyze Financial Inclusion, Support Future Resilience
The local currency-denominated senior non-preferred sustainability bonds will help the bank increase its lending to businesses investing in climate-smart initiatives—green buildings, renewable energy, energy efficiency, clean transportation, sustainable agriculture, and others.
IFC Lends Support to UniCredit Leasing to Enhance SME and Climate Financing in Romania
The EUR 27.5 million investment will generate jobs, boost energy-efficiency measures, and help reduce carbon emissions.